NEWS
We’re Getting Int’l Accolades as Competition Authority – FCCPC Boss
The Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), Dr Adamu Abdullahi has boasted that the commission is receiving international praise as a completion authority in Africa.
The Commission said it has in the last seven months, actively worked to prevent anticompetitive practices, protect consumers, and foster a competitive market.
Speaking at a news conference in Abuja on Tuesday, the acting Executive Vice Chairman of the Commission, Dr Adamu Abdullahi said that the penalty was slammed on the companies after three years of intensive investigations.
”We are getting international accolades that at last, there is a competition authority in Africa that is standing against all these anti-competitive practices by multinational agencies.
”On his achievements through his seven months tenure as the acting EVC of the Commission, he said that FCCPC implemented measures to curb price gouging, promote fair competition and protect consumers.
Abdullahi said the Commission had also carried out a review of the stand-alone curriculum for consumer education in secondary schools across the country.
He also explained why the $200 million fine against Meta Platforms Inc (Facebook) and WhatsApp LLC saying it was based on discriminatory practices and sanctionable offences committed.
The FCCPC boss said the companies were found culpable of denying Nigerian data subjects the right to self-determination, unauthorised transfer and sharing of personal data which was not the practice in other climes.
Abdullahi stated that the companies gave options to data subjects in other climes to decide whether their data would be shared or not.
According to him, only last week, FCCPC issued a final order and imposed a monetary penalty of $220,000,000.00 (Two Hundred and Twenty Million USD) against Meta Platforms Inc. and WhatsApp LLC over discriminatory practices in Nigeria.
”This is an investigation that has taken place for the past three years and I was part of it.
”We found out that when you register for the first time to join WhatsApp, there is a column that says you have agreed for your data to be shared for research.
”That is opposed to other climes where you have the choice of saying yes or no, that is discriminatory at the first instance.
”Secondly, we found out that they share our data across platforms,” he said.
He said the Commission was already getting international accolades for the investigation and sanction.
He said the Commission introduced sensitisation for traditional and religious leaders and other stakeholders to enhance capacity and empower them as consumer protection agents in their localities.
The FCCPC published its final order in which it imposed a penalty of $220 million and a reimbursement fee of $35,000 on WhatsApp LLC and Meta Platforms, Inc.
The penalty is for violations of the Federal Competition and Consumer Protection Act (FCCPA) and the Nigeria Data Protection Regulation (NDPR), following a joint investigation conducted by the FCCPC and Nigerian Data Protection Commission (NDPC).
“Our efforts included enforcing the Federal Competition and Consumer Protection Act (FCCPA), reviewing mergers, conducting investigations, and engaging in consumer and business education, among others.Actions on Fair Food Pricing and Enforcement Against Deceptive PracticesTo address public concerns over soaring food prices, the FCCPC implemented measures to curb price gouging, promote fair competition, and protect consumers.
“We monitored markets, partnered with stakeholders, enforced pricing transparency, and sensitised consumers. We also took action against underweight bags of rice, the sale of expired goods, cement price hikes, substandard iron rods, and alleged discriminatory practices in a Chinese supermarket.”
According to him, the most common consumer complaints in the electricity industry include exploitative billing, unlawful disconnection, non-metering of customers, lack of transformers and other salient issues.
”Given the relevance of electricity as a critical utility, the Commission prioritised intervention in the industry to tackle prevailing issues and improve service delivery.
”This we did by implementing various programmes and initiatives aimed at promoting transparency and accountability in the sector,” he said.
Abdullahi said the Commission would continue to work tirelessly to promote competition and protect consumers to create a vibrant economy that would benefit both businesses and citizens.
The CEO of the FCCPC noted that these efforts underscored the government’s dedication to safeguarding Nigerian consumers and fostering a fair marketplace, adding that the Commission was implementing data analysis techniques to systematically analyse consumer complaints to help in identifying patterns of unfair practices, leading to targeted interventions and improved consumer protection measures.
Abdullahi further explained that the Commission continued to advocate for the rights of Nigerian consumers, particularly in the digital money lending industry, while implementing the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending to regulate the activities of Digital Money Lenders (DMLs), otherwise referred to as loan sharks.
“On Friday, May 17, 2024, the Federal High Court sitting in Lagos delivered a landmark judgment, convicting Dr. Anuoluwapo Funmilayo Adepoju and MedContour Services Limited on all five counts of obstructing an investigation by the FCCPC.
“The Court upheld the FCCPC’s broad investigative powers under the FCCPA, ruling that the FCCPA applies to “all undertakings and all commercial activities” within Nigeria, including health services related to consumer protection.
This judgment strengthened the FCCPC’s authority to investigate consumer rights violations across all sectors, including healthcare, and serves as a warning to businesses that impede or obstruct regulatory investigations.In another development, the Federal High Court struck out a lawsuit filed by the Centre for Social Justice Ltd/Gte against the FCCPC in Suit No: FHC/ABJ/CS/1210/2020,” the FCCPC boss recalled.
Special Adviser on Media and Publicity to the President Chief Ajuri Ngelale has quit his job. He said in a statement in a Abuja that he would proceed on an ” indefinite leave, to deal with ” medical matters” affecting him amd hia immediate family.Hos statement reads: “On Friday, I submittd a memo to the Chief of Staff to the President informing my office that I am proceeding on an indefinite leave of absence to frontally deal with medical matters presently affecting my immediate, nuclear family.
While I fully appreciate that the ship of state waits for no man, this agonizing decision — entailing a pause of my functions as the Special Adviser to the President on Media & Publicity and Official Spokesperson of the President; Special Presidential Envoy on Climate Action, and Chairman, Presidential Steering Committee on Project Evergreen — was taken after significant consultations with my family over the past several days as a vexatious medical situation has worsened at home.I look forward to returning to full-time national service when time, healing, and fate permit.I respectfully ask for some privacy for my family and family”
By David Torough, Abuja
About 1000 Civil Society Organizations (CSOs), under the auspices of Coalition Of Civil Society Organisations (CCSOs), on Saturday Faults President Bola Tinubu’s Economic Team and called for immediate reconstitution.Expressing deep concerns over the state of the economy and escalating fuel prices compounding the hardship of Nigerians despite the recent protest, the groups said Tinubu must act now to avert disintegration.
The groups said the current situation across the country has cast doubt on the competence of the Tinubu economic team and called for urgent review. The CCSOs in a statement by its National Coordinator, Mallam Ibrahim Mohammed, pointed out that the plight of Nigerians is sinking low and their patience is wearing off following the deteriorating economy.The statement reads in part, “The Coalition of Civil Society Organisations (CSOs) is deeply concerned about the deteriorating state of the Nigerian economy, which is becoming increasingly unbearable for millions of citizens.“It is evident that the recent hike in fuel prices and the unstable exchange rate are the direct results of economic mismanagement by those responsible for overseeing our nation’s financial policies. The ripple effects of these failures are being felt in every household across the country, worsening poverty and crippling economic activity.“The floating of the Naira, which was initially sold to Nigerians as a means of stabilizing our currency, has done little to prevent the continued devaluation of the Naira. In fact, the exchange rate disparity has widened significantly, with the Naira losing value daily, impacting the cost of living, basic commodities, and inflation.“While this policy was expected to ease foreign exchange pressure, it has instead deepened economic challenges due to poor implementation and lack of strategic foresight.”The coalition also expressed concern over what it described as a death trap of indebtedness of the Nigerian National Petroleum Company Limited (NNPCL), which also they claimed had slowed down importation of Premium Motor Spirit, PMS, hence the current shortage of PMS across the country. “Of equal concern is the precarious position of the Nigerian National Petroleum Company Limited (NNPCL), which finds itself in a debt trap, with global suppliers of petroleum products losing confidence in Nigeria’s ability to honour its obligations.“Reports have shown that NNPCL has accrued debts totalling over $6 billion, causing petrol supply shortages. International suppliers are now reluctant to continue providing fuel on credit, exacerbating supply chain issues and pushing up the price of petrol at the pump”, they claimed.The CSOs also asserted that, “We hold the managers of the Nigerian economy responsible for these disturbing developments. Their inability to provide sound policies and long-term solutions has left the nation in this predicament.“It is clear that there is no cohesive strategy to address the rising debt, the growing imbalance in the foreign exchange market, or the country’s heavy reliance on importation for petrol supply. The recent hike in fuel prices reflects the collapse of responsible economic management and accountability.“Nigerians are left to bear the brunt of these failures. Businesses are shutting down, transportation costs have skyrocketed, and citizens are spending an increasingly larger percentage of their income on basic necessities. This state of affairs is unacceptable.”The group therefore placed some demands; Immediate intervention from the government: There needs to be a comprehensive and transparent plan to stabilize the Naira, restore confidence in the petroleum supply chain, and negotiate a restructuring of NNPC’s debts to ensure continuous fuel supply.“Accountability for economic mismanagement: Those responsible for the reckless management of our foreign exchange policies and NNPC’s debts must be held accountable. The government must also disclose its plan to mitigate the rising fuel costs and economic burden on Nigerians.“A return to sound financial policy: The floating of the Naira has proven ineffective under current conditions. We call for a re-evaluation of monetary and fiscal policies to stabilize the economy, reduce inflation, and attract foreign investment.“In conclusion, the Coalition of Civil Society Organisations reiterates that without immediate corrective measures, the economic situation will continue to deteriorate, leading to further hardship for the average Nigerian. The government must act decisively and responsibly to reverse this downward spiral”, they added.
There is growing tension in Ugondu community, Makurdi LGA, Benue state by young people opposed to the demolition of houses and destruction of rice farms in the area allegedly on the directives of senior Air Force officer, Air Commodore Akinbuwa Ayodele.
It was learnt that Commodore Ayodele, who is facing multiple legal actions following dispute over a plot of land located on George Akume Way Makurdi and owned in blatant disregard to the judicial process embarked on destruction of structures on the plot.
Eyewitness said when the equipment arrived no one imagined it was for destruction.
But in a militray- like operation, two flats of two units each, completely roofed, electrified and plumbing work completed were among the structures demolished as the bulldozers rolled over rice farms in the vicinity as well.
It was learnt that last year, a Makurdi High Court presided by Justice Mary Ijohor, granted an order of perpetual injunction, in the same matter, upon application by the supposed owner of the plot and awarded the sum of One Million Naira (N1,000,000.00) only, as cost. The matter, enforcement of fundamental rights, was marked as MHC/582/M/2023.
Godwin Akor whose rice farm was destroyed in a chat with newsmen said that he was shocked at the development. He however said he won’t speak more on the matter as it is still before the court.
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